Facebook is a corporate culture organization which derives its major profit from Advertisements revenues. According to recent statement of product management director of Facebook Rob Leathern said. They won't feature any ads related to cryptocurrencies, ICOs etc
In my opinion, Facebook was already losing its charm due to decentralization concept of cryptocurrencies and have done this to mitigate promotion of its rival crypto-based blogging platforms like Steemit.
Warren Buffett described it beautifully that
If China can't stop Bitcoin, then no one will.
Anyways i still believe that 2017 was just the start for cryptos and 2018 is definitely going to be the boom and masses will eventually claim the true freedom with decentralization and break free from fake reality which following image depicts
Another interesting consequence of this ban would be which has left me wondering that how will now @jerrybanfield-the self-proclaimed good guy of Steemit, will defend his agenda of Ads campaign on facebook which was one of the source for his repetitive posts.
Soon in near future
